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Use some imagination and this method could work. No one tells you to always "buy" at one firm, and never close positions. If you would like to protect your edge, it is worth paying such cost (double commission).

Use some imagination and this method could work. For example, you can do "buy" orders at one firm, sell at another firm sometime. Then make a reverse sometime later. It is not that hard to do. But I'm not sure how hard to do if you want to automate it. I wonder you need to program yourself to...

Extra codes... Do I need to write a small program just to automate, or simply attach automation codes to trading system? Can I write the automation codes within the chartng software? And what chartng software can do so (ie have in-built auotmation functions)? Thanks. :)

Oh sorry! I thought it is feasible because my mind is stuck with discretionary trading when I answered the question, like you may simply buy in one clearing firm, and sell in another. Maybe you need to run the same trading system in two computers. You also need to tweak your trading...

Could the automation simply be done within charting software like Metastock, Tradestation, Amibroker, WealthLab once I have coded my trading system? Let's say I have a trading system already. The only thing I need to do is to automate it. Do I need to do something more, like write another set...

It really depends on your trading style. Here's my suggestion. - If you have no clue where is the best to place your stop-loss order, simply use percentage stop (if you wish to limit your risk) or volatility stop (if you wish to lower the chance of stopping out prematurely, but it may...

Just use more than 1. Unless both clearing firms can somehow co-operate together, they cannot exploit your edge.

How about opening your account in more than 1 firm?

Do you mean I can simply automate my trading system within Amibroker / Wealthlab / Tradestation? Do they have tools which help me to automate my system? So the application of automation to each analysis software is different. What makes software like Tradebolt or Tradebullet possible to...

I'm a bit reluctant to do that since I need to disclose my trading method. How do you ensure your programmer will not steal your trading system?

I'm not a good programmer. Currently I'm trading via Interactive Brokers. I'm willing to switch brokers if I need to. Questions: 1) What tools or things do I need to automate one's system? 2) Does it matter what analysis software I use? Will the automation process differ when...

Yes. If you have a mechnical trading system on hand, you need to automate it. However the problem is how you can automate your trading system. That's the point. I still get no clue how to automate my trading system.

Yes, the actual interest rate may even be lower than Tradestation if your account size is small. You are being charged insane interest in this regard. However if you have a very big account, the loss of $10,000 will be spread accross the whole sum, the interest rate is okay. But I agree...

No one uses any of them :confused: :eek: :(

Probably no :( :( :(

It's not direct answer to your question. I'm not sure whether you understand all the implications of interest rates and calculation. If not, see: http://en.wikipedia.org/wiki/Interactive_Brokers#Interest_rates See also: IB accrued interest In short, you never get interest for the first...

Have anyone tried or heard of the following brokerage firms: - Attain Capital - Fox Investments - Lind-Waldock - Logic Powered Capital - PFG - System Broker - Striker - TradeCenter Inc. Are they good and reliable brokers? Any comment about any of the above firms are...

The chart looks good. I wonder if it's possible to draw candlestick chart in Excel, with custom time candlestick (eg 15 secs) I look forward to your new manual. :)

Thanks for your answer. Regarding legacy rates, approxmiately when did you take these rates?

Actually I prefer % more than exact numbers. I mention "number" simply because I think some people might need it, so I suggest such an option too.